1-bed · 820 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 5th floor · completed 2017

514, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 5 July 2026
Last soldAED 940K27 October 2015
Current rentAED 60K /yr5 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Glitz Residence 3 Tower 2

What is 514 worth today?

Last sold for AED 940,000 in 2015

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5 Jul 2026RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft
5 Oct 2025RentedNew contract
AED 65,000/yr12 months · AED 79 per sqft
2 Oct 2024RentedNew contract
AED 65,000/yr12 months · AED 79 per sqft
5 Aug 2022RentedRenewal
AED 40,000/yr12 months · AED 49 per sqft
5 Aug 2021RentedRenewal
AED 35,000/yr12 months · AED 43 per sqft
5 Aug 2020RentedNew contract
AED 35,000/yr12 months · AED 43 per sqft
15 Aug 2019RentedRenewal
AED 60,000/yr12 months · AED 73 per sqft
15 Aug 2018RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 5 July 2026.

Key facts

Type
1-bed apartment
Size
820 sqft
Floor
5th of 8
Parking
B-69
Developer
Danube Properties Development
Completed
2017
Service charge
AED 12,800 /yr
Last sold
AED 940K · October 2015

About 514, Glitz Residence 3 Tower 2

514 is a one-bedroom apartment of 820 sqft on the 5th floor of Glitz Residence 3 Tower 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 27 October 2015 for AED 940,000, or AED 1,146 per sqft, in line with the AED 1,123 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 5 July 2026, is AED 60,000 a year: a gross yield of 6.4% on the 2015 price, before the service charge of about AED 12,800 a year.

Sales and rents for 514 over time

Sales
Unit 514, each saleTypical one-bed in Glitz Residence 3 Tower 2
500K750K1M20152018202120242027Typical sale price by year: 2015 AED 830,000; 2016 AED 820,000; 2018 AED 815,050; 2019 AED 585,000; 2021 AED 482,500; 2022 AED 522,500; 2024 AED 640,000; 2025 AED 700,000; 2026 AED 705,000Sold by developer, October 2015: AED 940,000 (AED 1,146 per sqft)

514 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 514, each contractTypical one-bed in Glitz Residence 3 Tower 2
40K60K2018202120242027Typical rent by year: 2018 AED 52,000; 2019 AED 50,000; 2020 AED 45,000; 2021 AED 36,000; 2022 AED 41,200; 2023 AED 47,125; 2024 AED 55,000; 2025 AED 60,000; 2026 AED 60,000New contract, August 2018: AED 60,000 a yearRenewal, August 2019: AED 60,000 a yearNew contract, August 2020: AED 35,000 a yearRenewal, August 2021: AED 35,000 a yearRenewal, August 2022: AED 40,000 a yearNew contract, October 2024: AED 65,000 a yearNew contract, October 2025: AED 65,000 a yearNew contract, July 2026: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Glitz Residence 3 Tower 2, and where 514 sits

All 80 1-beds →

514 last sold in October 2015 at AED 1,146 per sqft, in line with what one-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 1,123). Over the last 12 months one-beds sold for AED 700,000 to 720,000, around AED 1,039 per sqft, and rent for AED 50,000 to 78,000 a year. 514's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jul 2026720,000
27 Jun 2026705,000
13 Feb 2026700,000
27 Aug 2025750,000
3 1-bed sales in the last 12 months

Glitz Residence 3 Tower 2

Building

176 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 10 sold in the last 12 months.

Typical price per sqft
AED 973 Down 2.4%
Typical sale
AED 905K
Typical rent
AED 62K /yr
Typical yield
8.2%
Glitz Residence 3 Tower 2, Dubai Studio City: prices, sales and rents →

Other units on the 5th floor

All 176 units in Glitz Residence 3 Tower 2
Value
5013-bedAED 1M · Aug 2023
502StudioAED 520K · Oct 2015
5031-bedAED 830K · Nov 2018
5042-bedAED 1.15M · Sep 2017
5052-bedAED 1.11M · Oct 2015
5061-bedAED 570K · Mar 2019
5071-bedAED 600K · Jan 2019
1–7 of 21

514, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 27 October 2015 for AED 940,000, or AED 1,146 per sqft.
  • Rented since August 2018 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 35,000 in 2021 and recovered to AED 60,000 by July 2026.
  • At AED 60,000 a year the gross yield on the 2015 price is 6.4%, before a service charge of about AED 12,800 a year (AED 15.66 per sqft).
  • One-beds in Glitz Residence 3 Tower 2 sold for AED 700,000–720,000 in the 12 months to November 2026; the building's median across all types is AED 973 per sqft.

Source: Dubai Land Department. Updated 5 July 2026.

Questions about 514, Glitz Residence 3 Tower 2

What did unit 514 last sell for?

AED 940,000 on 27 October 2015, sold by the developer: AED 1,146 per sqft for 820 sqft. It is the only registered sale of the unit.

What is the rent for unit 514?

AED 60,000 a year on the contract signed on 5 July 2026. The previous contract, from October 2025, was AED 65,000; the unit has been rented since August 2018.

How big is unit 514?

820 sqft (76.2 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.

What is unit 514 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Glitz Residence 3 Tower 2 sold for AED 700,000 to 720,000 in the last 12 months, around AED 1,039 per sqft.

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Mortgage on 514, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 940K, 27 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 940,000
Deposit, UAE resident (20%)
AED 188,000
Deposit, non-resident (40%)
AED 376,000
Monthly over 25 years at 3.7%
AED 3,846

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →